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Biomass boiler project to improve Fiready’s efficiency and productivity
January 16, 2015 - Fiready Inc.—a Clair, N.B., maker of value-added wood products—is installing new equipment to improve its efficiency and productivity thanks to investments by the provincial and federal governments.
January 16, 2015 By Anthony Capkun
The project consists of purchasing and installing a biomass boiler, which will increase the operation’s productivity by maximizing the plant’s drying capability. It is expected that acquiring this technology will result in increased sales for the business.
“At a time when we are looking to meet the increase in client demand, this project will allow us to increase productivity substantially,” said director of sales and co-owner Marielle Clair.
Through the Atlantic Canada Opportunities Agency’s Business Development Program, the federal government is providing a $350,000 repayable contribution to the modernization project. The provincial government is providing $110,000 through the Northern New Brunswick Economic Development and Innovation Fund, and $50,000 through the NB Growth program. Fiready is investing $10,000 and has a $200,000 loan from the Business Development Bank of Canada.
Fiready Inc. was founded in 1999 and makes dried, packaged firewood for the New England market and those of other eastern U.S. states. The family business has been operating in the forestry industry since 1882.
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